PLANTATION, Fla., Aug. 9, 2023
/CNW/ - Akumin Inc. ("Akumin" or the "Company")
(NASDAQ: AKU) (TSX: AKU) announced today that it has changed its
auditor from Ernst & Young LLP ("EY") to Deloitte &
Touche LLP ("Deloitte").
Effective as of August 9, 2023,
the audit committee (the "Audit Committee") of the board of
directors (the "Board") of the Company dismissed EY as the
Company's independent registered public accounting firm.
EY audited the Company's financial statements for each of the
past two fiscal years ended December 31,
2022 and 2021, and EY's reports did not contain any adverse
opinion or disclaimer of opinion and were not qualified or modified
as to uncertainty, audit scope, or accounting principles.
During the Company's two most recent fiscal years ended
December 31, 2022 and 2021 and the
subsequent interim periods through to the date of EY's dismissal,
there were no (a) "disagreements" within the meaning of Item
304(a)(1)(iv) of Regulation S-K between the Company and EY on any
matters of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which, if not resolved
to the satisfaction of EY, would have caused EY to make reference
to the subject matter of the disagreements in connection with its
reports on the Company's financial statements for such years, and
there were no (b) "reportable events" within the meaning of Item
304(a)(1)(v) of Regulation S-K.
The Company has requested that EY furnish a letter, addressed to
the Securities and Exchange Commission, stating whether it agrees
with the statements above made herein and, if not, stating the
respects in which it does not agree. In its response, EY confirmed
that it agrees with all of the statements above.
The Audit Committee approved the appointment of Deloitte to be
engaged as the Company's new independent registered public
accounting firm, effective as of August 9,
2023, for the fiscal year ending December 31, 2023.
During the Company's two most recent fiscal years ended
December 31, 2022 and 2021 and the
subsequent interim periods through to the date of Deloitte's
appointment, neither the Company, nor anyone on its behalf, has
consulted with Deloitte regarding (a) the application of accounting
principles to a specified transaction, either completed or
proposed, or the type of audit opinion that might be rendered on
the Company's financial statements, and neither a written report
nor oral advice was provided to the Company that Deloitte concluded
was an important factor considered by the Company in reaching a
decision as to any accounting, auditing, or financial reporting
issue, or (b) any matter that was either the subject of a
"disagreement" within the meaning of Item 304(a)(1)(iv) of
Regulation S-K and the related instructions or a "reportable event"
within the meaning of Item 304(a)(1)(v) of Regulation S-K.
About Akumin
Akumin is a national partner of choice for U.S. hospitals,
health systems and physician groups, with comprehensive solutions
addressing outsourced radiology and oncology service-line needs.
Akumin provides (1) fixed-site outpatient diagnostic imaging
services through a network of 180 owned and/or operated imaging
locations; and (2) outpatient radiology and oncology services and
solutions to approximately 1,100 hospitals and health systems
across 48 states. By combining clinical and operational expertise
with the latest advances in technology and information systems,
Akumin facilitates more efficient and effective diagnosis and
treatment for patients and their providers. Akumin's imaging
procedures include MRI, CT, positron emission tomography (PET and
PET/CT), ultrasound, diagnostic radiology (X-ray), mammography, and
other interventional procedures; cancer care services include a
full suite of radiation therapy and related offerings. For more
information, visit www.akumin.com and
www.alliancehealthcareservices-us.com.
Forward-Looking Statements
Certain information in this press release constitutes
forward-looking information or forward-looking statements. In some
cases, but not necessarily in all cases, such statements or
information can be identified by the use of forward-looking
terminology such as "plans", "targets", "expects" or "does not
expect", "is expected", "an opportunity exists", "is positioned",
"estimates", "intends", "assumes", "anticipates" or "does not
anticipate" or "believes", or variations of such words and phrases
or state that certain actions, events or results "may", "could",
"would", "might", "will" or "will be taken", "occur" or "be
achieved". In addition, any statements that refer to expectations,
projections or other characterizations of future events or
circumstances contain forward-looking information. Statements
containing forward-looking information are not historical facts but
instead represent management's expectations, estimates and
projections regarding future events.
Forward-looking information is necessarily based on a number of
opinions, assumptions and estimates that, while considered
reasonable by Akumin as of the date of this press release, are
subject to known and unknown risks, uncertainties, assumptions and
other factors that may cause the actual results, level of activity,
performance or achievements to be materially different from those
expressed or implied by such forward-looking information, including
but not limited to the factors described in greater detail in the
"Risk Factors" section of our Form 10-Q filed August 9, 2023, which is available at www.sec.gov
and www.sedar.com. These factors are not intended to represent a
complete list of the factors that could affect Akumin; however,
these factors should be considered carefully. There can be no
assurance that such estimates and assumptions will prove to be
correct. The forward-looking statements contained in this press
release are made as of the date of this press release, and Akumin
expressly disclaims any obligation to update or alter statements
containing any forward-looking information, or the factors or
assumptions underlying them, whether as a result of new
information, future events or otherwise, except as required by
law.
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SOURCE Akumin Inc.
